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Brooklyn / Sheepshead Bay-Manhattan Beach-Gerritsen Beach / 11235

2940 OCEAN AVENUE

Boro3
Block7440
Lot20
BBL3074400020
Class D4
Residential units
63
Units in total
63
Storeys
4
Year built
1930
Last alteration on file
-
Recorded transfers
57 since 2003
01

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

RecordedConsiderationUnitWhat transferredInstrument
26 Feb 2026$255,000A9SINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Feb 2026$260,000D16SINGLE RESIDENTIAL COOP UNITRPTT&RET
4 Jun 2025$265,000C3SINGLE RESIDENTIAL COOP UNITRPTT&RET
4 Apr 2025$290,000C-14SINGLE RESIDENTIAL COOP UNITRPTT&RET
18 Oct 2023$230,000B7SINGLE RESIDENTIAL COOP UNITRPTT&RET
8 Mar 2023$175,000B10SINGLE RESIDENTIAL COOP UNITRPTT&RET
23 Aug 2021$170,0004DSINGLE RESIDENTIAL COOP UNITRPTT&RET
12 May 2021$78,000C-5SINGLE RESIDENTIAL COOP UNITRPTT&RET
14 Nov 2018$155,000B8SINGLE RESIDENTIAL COOP UNITRPTT&RET
23 Feb 2017$245,000B1SINGLE RESIDENTIAL COOP UNITRPTT&RET
29 Dec 2016$270,000B14SINGLE RESIDENTIAL COOP UNITRPTT&RET
10 Nov 2016$157,000D8SINGLE RESIDENTIAL COOP UNITRPTT&RET
9 Sep 2016$223,080C7SINGLE RESIDENTIAL COOP UNITRPTT&RET
25 Feb 2016$136,000A8SINGLE RESIDENTIAL COOP UNITRPTT&RET
14 Jan 2016$133,000A12SINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Dec 2015$197,730B17SINGLE RESIDENTIAL COOP UNITRPTT&RET
22 Apr 2015$178,000B5SINGLE RESIDENTIAL COOP UNITRPTT&RET
13 Feb 2015$213,000A5SINGLE RESIDENTIAL COOP UNITRPTT&RET
9 Dec 2014$180,000C9SINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Nov 2014$167,000A15SINGLE RESIDENTIAL COOP UNITRPTT&RET
3 Sep 2014$172,000A16SINGLE RESIDENTIAL COOP UNITRPTT&RET
10 Apr 2014$150,000A1SINGLE RESIDENTIAL COOP UNITRPTT&RET
4 Dec 2013$93,000B4SINGLE RESIDENTIAL COOP UNITRPTT&RET
23 Oct 2013$4,825,819C16SINGLE RESIDENTIAL COOP UNIT18 lotsRPTT&RET
7 Feb 2013$163SINGLE RESIDENTIAL COOP UNITDEED
20 Dec 2012$343,735A8SINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Nov 2012$161,385A15SINGLE RESIDENTIAL COOP UNITRPTT&RET
23 Oct 2012$103,000A12SINGLE RESIDENTIAL COOP UNITRPTT&RET
29 May 2012$152,000A7SINGLE RESIDENTIAL COOP UNITRPTT&RET
10 Jan 2011$189,755B16SINGLE RESIDENTIAL COOP UNITRPTT&RET
6 May 2009$80,000C12SINGLE RESIDENTIAL COOP UNITRPTT&RET
27 Apr 2009$146,500A5SINGLE RESIDENTIAL COOP UNITRPTT&RET
19 Feb 2009$160,000C9SINGLE RESIDENTIAL COOP UNITRPTT&RET
13 Nov 2007$155,000B11SINGLE RESIDENTIAL COOP UNITRPTT&RET
28 Mar 2007$85,000B12SINGLE RESIDENTIAL COOP UNITRPTT&RET
7 Mar 2006$119,578D4SINGLE RESIDENTIAL COOP UNITRPTT&RET
9 Jan 2006$221,755D1SINGLE RESIDENTIAL COOP UNITRPTT&RET
23 Aug 2005$182,755C3SINGLE RESIDENTIAL COOP UNITRPTT&RET
12 Aug 2005$109,578B4SINGLE RESIDENTIAL COOP UNITRPTT&RET
17 May 2005$107,578D8SINGLE RESIDENTIAL COOP UNITRPTT&RET
57 transfers are recorded against this building since 2003. The 40 most recent are printed here; the yearly summary above counts all of them.
RPTT&RET
BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20262$257,500$255,000$260,000
20252$277,500$265,000$290,000
20232$202,500$175,000$230,000
20212$124,000$78,000$170,000
20181$155,000--
20171$245,000--
20165$157,000$133,000$270,000
20153$197,730$178,000$213,000
20144$169,500$150,000$180,000
20133$93,000$1$4,825,819
20124$156,693$103,000$343,735
20111$189,755--
20093$146,500$80,000$160,000
20072$120,000$85,000$155,000
20062$170,667$119,578$221,755
20059$140,000$87,078$182,755
200411$123,385$84,578$155,755
02

The building on the lot

Section through the lot

PERMITTED, NOT BUILTLOT 18,750 SQ FT4
Drawn from PLUTO: 4 storeys, 52,500 sq ft of building on 18,750 sq ft of lot, an average floor plate covering 70% of it. The dashed outline is the difference between the floor area ratio already built (2.8) and the residential floor area ratio of the zoning district (4). It is a diagram of recorded figures, not a picture of the building.
Lot area
18,750 sq ft
Building area
52,500 sq ft
Residential area
52,500 sq ft
Commercial area
-
Office area
-
Retail area
-
Buildings on the lot
1
Built floor area ratio
2.8
Residential FAR permitted
4
Zoning district
R7A
03

Assessment

Assessed land value
$283,950
Assessed total value
$1,960,200
Exempt value
$32,881
Assessed per residential unit
$31,114

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
D4ELEVATOR COOPERATIVE
Neighbourhood
Sheepshead Bay-Manhattan Beach-Gerritsen Beach
ZIP code
11235
Community district
Brooklyn 15
Council district
48
Coordinates
40.589733, -73.949989
05

Other buildings in Sheepshead Bay-Manhattan Beach-Gerritsen Beach

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
3641 NOSTRAND AVENUED352819500-
3020 AVENUE YD435719600-
2212 BRIGHAM STREETD43241953281$215k
2220 BURNETT STREETD42641952295$225k
3901 NOSTRAND AVENUED42431961202$278k
2425 HARING STREETD42401953164$255k
2717 EAST 28 STREETD42401955190$234k
1501 VOORHIES AVENUERD236201661$1.03m
2835 OCEAN AVENUED120019491-
2620 EAST 13 STREETD41921952124$295k
2750 HOMECREST AVENUED118819592-
2775 HOMECREST AVENUED118819601-

Every building on file in Sheepshead Bay-Manhattan Beach-Gerritsen Beach